UCLA flood last year – water main break flooded campus. 10+ million gallons of water. Millions of $ in damages. This is what deferred maintenance looks like.

To give a concrete example of predevelopment: imagine taking the UCLA flooded parking garage and redesigning it to integrate underground parking with stormwater storage … on purpose.

That’s what RE.invest was designed to do. Bring together ideas from across sectors to make them both more resilient and more financeable at the end of the day.

It’s counterintuitive, but sometimes making a project bigger can actually make it cheaper … by attracting private investment interest. This is a really important idea at the core of the RE.invest process.

Predevelopment are all the activities that go into designing and developing an infrastructure project before construction.

3 major partners – Bechtel, Akin & Finance team

8 cities

So how did we do that? 2 years 3 main tracks – engineering, legal, and finance. Lots of iteration.